Our Investment Approach
Our investment approach is customized to each client’s goals, cash flow needs, risk tolerance and taxes. We focus on what clients keep after fees and taxes.
Academic research has shown that the most important determinant of long term portfolio performance is the mix of asset classes, known as the asset allocation. Determining the appropriate asset allocation is the first and most important step in designing a portfolio for you. We diversify client portfolios using applied investment research. We implement portfolios primarily with index funds, mutual funds and individual bonds.
““Academic research has shown that the most important determinant of long term portfolio performance is the mix of asset classes, known as the asset allocation.””
We take a disciplined approach to managing portfolios over time. We rebalance portfolios on a regular basis to maintain the desired asset allocation. This adds to performance over the long horizon because we prevent the portfolio from becoming skewed toward asset classes that have appreciated and may be more likely to decline.
We stay clear of hunches and forecasts of where the economy or the market is headed. First, these forecasts rarely get the timing and direction right. Moreover, even consensus forecasts are often wrong. Therefore, we manage portfolios to increase the probability that clients will reach their goals under a variety of market conditions.